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At the Sixteenth Annual Symposium on Philanthropy in August 2003,scholars, donors, fundraisers, and other practitioners cametogether to discuss and reflect on issues facing donors and doneesin the philanthropic relationship. The authors is this volumeexamine subjects ranging from the role of ethics in philanthropicagencies to challenges in giving, financial and grant-makingskills, how to transform philanthropy, the importance of the estatetax, intergenerational learning and volunteering, and the healthbenefits of giving. The common focus is on the role of and value ofphilanthropy throughout the lifetime and across the generations.
This is the 42nd issue of the quarterly report series NewDirections for Philanthropic Fundraising.
Editor’s Notes (Dwight F. Burlingame).
1. The inheritance of wealth and the commonwealth: The ideal ofpaideia in an age of affluence (Paul G. Schervish)
It is estimated that the largest transfer of wealth betweengenerations in history will occur by the mid-twenty-first century.The most widely quoted authority on this transfer discusses howheirs, soon to become ancestors themselves, may become discerningsouls, capable of charting a financial and philanthropic journeytailored to their times.
2. The moral case for the estate tax (Andrea K. Pactor)
The moral case for and against the 2001 repeal of the estate taxwas the missing element in the debate on this highly charged issue,Pactor argues. Philosophical underpinnings gleaned from ahalf-dozen philosophers—more so than statistics and dollaramounts—advance the case of the estate tax as a moralimperative for a just and decent society.
3. Responsible grant making (Paul L. Comstock)
A meaningful due diligence process that precedes grant making doesmuch more for family philanthropies than simply produce responsiblegrants. It can also enhance financial stewardship, foster personalgrowth, and lead to responsible behavior in all aspects oflife.
4. An altruistic reanalysis of the social support hypothesis:The health benefits of giving (Stephanie L. Brown)
Is helping our loved ones an evolutionary adaptation that is goodfor our own health and well-being? This review of recent studiessuggests that view as an interpretation for altruism andhypothesizes implications for how we care for those closest tous.
5. Intergenerational service learning and volunteering (Donna M.Butts)
Butts asserts that where civic engagement is concerned, we need tomove beyond traditional thinking—that older people are ourpast and younger people are our future—and focus onre-creating service opportunities to capture the power of young andold as volunteers and philanthropists. Service learningopportunities can embrace the “bookend generations” ifthey begin to use an intergenerational lens.
6. Tracking giving across generations (Richard Steinberg, MarkWilhelm)
This chapter reviews data from the Center on Philanthropy PanelStudy (COPPS), in which questions about philanthropy are asked offamilies who have been surveyed by the University ofMichigan’s Panel Study of Income Dynamics since 1966. TheCOPPS component, added in 2001, intends to study the samefamilies’ philanthropic behaviors throughout their lives.
7. Transforming philanthropy: Generativity, philanthropy, andthe reflective practitioner (James M. Hodge)
Hodge provides thoughtful reflection on philanthropy as a powerfulsource of meaning in our lives. Fundraising practitioners, heurges, need to become moral trainers who, instead of scheming forbenefactors’ gifts, start dreaming with them, sharing storiesof progression toward transformative philanthropy that changeslives.
8. Leadership in emerging family philanthropy (Lorna M.Lathram)
Philanthropists in the emerging stages of developing their givingrequire assistance—in achieving the right mix of control andflexibility and in defining the work to be done and the vehicle toaccomplish it. The Foundation Incubator works with individuals,often entrepreneurs with wealth from the private sector, who aremaking a life change to philanthropy as their new work.
9. Paved with good intentions (David H. Smith)
In this chapter, Smith affirms what he calls authentic giving whileacknowledging the priority of justice over giving and pointing outthe moral ambiguities that can attend philanthropic giving.